KRISHNA CONSTRUCTION COMPANY ,REWA vs. DY COMMISSIONER OF INCOME TAX CIRCLE, KATNI
In the result, the appeal is allowed for statistical purposes
ITA 204/JAB/2025[2017-18]Status: DisposedITAT Jabalpur29 Aug 2025AY 2017-18
Bench: SH. KUL BHARAT, VICE PRESIDENT AND SH. NIKHIL CHOUDHARY (Accountant Member)
For Appellant: Sh. Sapan Usrethe, AdvocateFor Respondent: Sh. Alok Bhura, Sr. DR
Section 144Section 194CSection 234BSection 234DSection 250Section 270ASection 271ASection 40
02,736/-, the assessee firm declared net profit before interest and salary to partners at Rs.89,45,851.61/- i.e. @ 7.36%. The case was selected for complete scrutiny through CASS. On perusal of the profit & loss account, the ld. AO observed that the assessee had debited Rs.4,50,47,450/- under the head,
‘material expenses’, Rs.3,30,45,840/- under
